March 2004 - Volume 84 - Number 3
Business Situation: Preliminary Estimates for the Fourth Quarter of
2003
The pace of U.S. production slowed in the fourth quarter, as real GDP
increased 4.1 percent after increasing 8.2 percent in the third quarter.
The deceleration mainly reflected slower growth of consumer spending and
a deterioration in the trade balance. Inflation slowed: The price index
for gross domestic purchases increased 1.1 percent after increasing 1.8
percent, mainly reflecting a downturn in energy prices. |
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XLS
Federal Budget Estimates for Fiscal Year 2005
Each year, BEA prepares an adjusted presentation of the administration's
budget estimates from the Budget of the United States Government that
is consistent with the framework of the NIPAs. The fiscal year relationships
derived from the budget estimates are then used in preparing BEA's quarterly
estimates of Federal Government current receipts and expenditures. This
year, the NIPA framework reflects the results of the 2003 comprehensive
NIPA revision. For fiscal year 2005, the net Federal Government saving
on the NIPA basis is estimated at -$338.0 billion, compared with the deficit
of $363.6 billion in the administration's budget. |
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Comprehensive NIPA Revision: Newly Available Tables
The Bureau of Economic Analysis continues to release the results of the
12th comprehensive revision of the NIPAs. |
PDF | Interactive Data
Errata: Sources of the Revisions to Selected Income Components
In the article on the comprehensive NIPA revision in the 2004 February
Survey, the definitional and statistical sources of the revisions to taxes
on production and imports and to business current transfer payments for
several years were misreported. |
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XLS
Preview of the Comprehensive Revision of the Annual Industry Accounts:
Integrating the Annual Input-Output Accounts and the Gross-Domestic-Product-by-Industry
Accounts
The upcoming comprehensive revision of the annual industry accounts features
the integration of these two sets of accounts. For the first time, these
two sets of accounts will be released concurrently and will present fully
consistent measures of gross output, intermediate inputs, and value added
by industry. In addition, the annual input-output accounts for 1998-2002
will be a consistent time series. |
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A Note on Patterns of Production and Employment by U.S. Multinational
Companies
This note examines recent patterns and trends in the worldwide operations
of U.S. multinationals with a focus on production and employment. For
example, U.S. parents have consistently accounted for about three-fourths,
and their majority-owned foreign affiliates for about one-fourth, of the
total gross product, capital expenditures, and employment of U.S. multinationals.
The note concludes with a discussion of several data and analytical considerations.
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Looking Ahead
Comprehensive Revision of State Personal Income. An upcoming Survey article
will present the results of the comprehensive revision of state personal
income. The revised estimates will incorporate the results of the recent
comprehensive NIPA revision, improvements in the source data and methods
that are used for the state estimates, and newly available data from regular
sources.
BEA Current and Historical Data
National Data
- Selected NIPA tables | PDF
- Other NIPA and NIPA-related tables |
PDF
- Historical measures | PDF
- Domestic perspectives | PDF
- Charts | PDF
International Data
- Transactions tables | PDF
- Investment tables | PDF
- International perspectives | PDF
- Charts | PDF
Regional Data
- State and regional tables | PDF
- Local area table | PDF
- Charts | PDF
Appendixes
- Additional information about the NIPA estimates
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- Suggested reading | PDF
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